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senior citizens and say we really didn't mean it. yes, the bill cuts medicare by by $500 billion, but we really didn't mean it and we have four years in which to fix it. that is, four years in which to replace that $500 billion. and, of course, when that that $500 billion is replaced, if that's the way they decide to go, then we will know that the numbers we are getting out of c.b.o. are completely phony. then we will know that the statement that this bill is revenue neutral is -- is a nonstarter. then we will know that there was never any intention to try to deal with this cost. but suppose future congresses stand firm and say yes, we are going to stand firm in this four-year period. we're going stand firm against the senior citizens who are going to get
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their medicare benefits cut. and we're going to take th the $500 billion out of medicare. then we will see the promises that are being made around here that there will be no cut in medicare services all disappear. i hear people say, we're not cutting benefits, we're just cutting payments to providers. that statement is being made over and over again on the other side of the aisle. we're not cutting benefits. we're going to take tha that $500 billion away from the providers. but the benefits will remain the same. well, mr. president, in my state i have plenty of providers that are on the edge right now financially. there on the edge of going out of business right now financially because of the cuts that have been made in medicare in the name of cutting down payments to providers. what happens to the people that are in a nursing home that is currently dependent upon medicare payments in order to
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survive if they come in and say, all right, we're not going to do anything to the benefits these people are entitled to in this nursing home, we're just going to cut enough payments to the nursing home that the nursing home goes out of business? and what happened to the people who are in the nursing home under that circumstance? well, they're going to have to go someplace else and there's going to have to be money to pay for them to go someplace ems. and the -- else. and the money's going to have to flow through medicare someplace else and we're back to the first option that i talked about, we weren't serious when i said we were going to take $500 billion out of medicare. we weren't really serious in order that you don't lose your benefits. we're going to have to start reinvesting in some of these providers. we've seen providers go out of business because of the cuts in medicare. we need to start putting that money back in medicare and we're back into the circumstance that we've been talking about all
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along that this thing is not paid for. one final point i want to make. we had a hearing today with the chairman of the federal reserve. ben bernanke is up for reappointment. and, of course, the entire conversation was about the economy and what is the future of the economy? there were a number of people who had a conversation about the past. but i wanted to focus on the future. and i pointed this out to the chairman and asked for his comments with respect to future of our economy. most of my constituents don't understand what i'm about to say. frankly, most of the people in the press don't understand it and maybe some of you, even members of this body, don't even understand it. when we talk about the federal budget, two-thirds of the federal budget is beyond the control of this congress. two-thirds of the federal budget is on autopilot unless this
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congress changes entitlements. somebody says, well, what does this word entitlement mean? why do you talk about entitlement? entitlement means by law these individuals are entitled to this money whether we have it or not. the federal government has made a contract with them. all right, it's a social contract rather than a legal contract, but it's just as binding politically, where the federal government has to spend the money whether it has it or not. and, indeed, that is what we have seen in 200 -- fiscal 2009. pardon me, fiscal 20 106789 the budget that -- 20106789 the budget said that >> we have aff
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state centers around the country which participate in state book fairs, promote local authors, are involved in all kind of promotional activities. here at the library of congress, the center for the book plays a major role in the national book festival. we had a successful festival this year, thank you to those of you who joined us. we also have symposia and programs such as this one. this is part of our i don't books and beyond" author series which features authors and books of special interest to the library of congress. and, the connection today, is very obvious. we are filming

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Book TV
CSPAN January 2, 2010 6:35am-7:00am EST

Geoffrey Megargee Education. (2009) Interview with Geoffrey Megargee ('Encyclopedia of Camps and Ghettos, 1933-1945').

TOPIC FREQUENCY Ems 1, Ben Bernanke 1, Us 1
Network CSPAN
Duration 00:25:00
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